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    186 County Road 520 Morganville, NJ 07751
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    Property profile & analytics

    186 County Road 520, Morganville, NJ 07751

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    • Commercial real estate
    • 12,000 SF
    • 1.98 lot acres
    Medical-Ready Office Building For Lease
    $28 SF/Yr
    12,000 SF

    Medical-Ready Office Building

    Route 520 visibility, ample parking, and a professionally maintained setup suited for medical or professional office users.

    186 County Road 520, Morganville, NJ 07751
    View Listing
    Property ID
    US59-1909709
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 186 County Road 520

    Year built
    1950
    Lot size
    1.98 lot acres
    Zone code
    6173
    Property type
    Commercial real estate
    APN
    30 00180-0000-00016
    APU
    3000180000000016

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 30, 2017 — Plaza 520 LLC — Trustees Deed · related $2M · Columbia Bk
    Mar 16, 2017 — Monmouth County Plaza 520 LLC Grant Deed · related —
    Jul 12, 2013 $352,500 Plaza 520 LLC Himani,siraj Grant Deed —
    May 31, 2013 $352,500 Plaza 510 LLC Himani,siraj Grant Deed —
    Jul 12, 2006 $427,893 Siraj Himani Akcay,atilla & Vicki Grant Deed $275k · Option One Mortgage Corp
    — — Plaza 520 LLC — Deed Of Trust · related $450k · Columbia Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,700,000
      6.5%
      $2,490,000
      7%
      $2,315,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,473,000
      Market price range: $571k - $2.26M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,110,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $3,170,000
      Change: +2% Conversion: Moderate
      OFFICE BUILDING
      $2,960,000
      Change: -5% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Morganville
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2807
    Latitude
    40.3474
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $48,103
    $232,900
    $1,797,600
    $2,030,500
    -
    $232,900
    $1,797,600
    $2,030,500
    View Listing
    More about this property
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